| Schedule of Basic and Diluted Net Income Per Ordinary Share |
The
following tables reflect the calculation of basic and diluted net
income per ordinary share (in dollars, except per-share
amounts):
|
|
For
the Three Months Ended
June
30,
|
|
|
For
the Six Months Ended June 30,
|
|
|
For
the Period from
January 7, 2025
(Inception) Through
June
30,
|
|
|
|
2026
|
|
|
2025
|
|
|
2026
|
|
|
2025
|
|
|
|
|
Redeemable
Class
A
|
|
|
Non-redeemable
Class
A
and
Class B
|
|
|
Redeemable
Class
A
|
|
|
Non-redeemable
Class
A
and
Class B
|
|
|
Redeemable
Class
A
|
|
|
Non-redeemable
Class
A
and
Class B
|
|
|
Redeemable
Class
A
|
|
|
Non-redeemable
Class
A
and
Class B
|
|
|
|
Basic
net income per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allocation
of net income
|
|
$
|
1,267,146
|
|
|
$
|
458,702
|
|
|
$
|
328,395
|
|
|
$
|
271,162
|
|
|
$
|
2,675,097
|
|
|
$
|
968,373
|
|
|
$
|
220,813
|
|
|
$
|
335,922
|
|
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
weighted-average shares outstanding
|
|
|
23,000,000
|
|
|
|
8,325,900
|
|
|
|
8,846,154
|
|
|
|
7,304,423
|
|
|
|
23,000,000
|
|
|
|
8,325,900
|
|
|
|
4,600,000
|
|
|
|
6,997,980
|
|
|
|
Basic
net income per ordinary share
|
|
$
|
0.06
|
|
|
$
|
0.06
|
|
|
$
|
0.04
|
|
|
$
|
0.04
|
|
|
$
|
0.12
|
|
|
$
|
0.12
|
|
|
$
|
0.05
|
|
|
$
|
0.05
|
|
|
|
|
|
For
the Three Months Ended
June
30,
|
|
|
For
the Six Months Ended June 30,
|
|
|
For
the Period from
January 7, 2025
(Inception) Through
June
30,
|
|
|
|
2026
|
|
|
2025
|
|
|
2026
|
|
|
2025
|
|
|
|
|
Redeemable
Class
A
|
|
|
Non-redeemable
Class
A
and
Class B
|
|
|
Redeemable
Class
A
|
|
|
Non-redeemable
Class
A
and
Class B
|
|
|
Redeemable
Class
A
|
|
|
Non-redeemable
Class
A
and
Class B
|
|
|
Redeemable
Class
A
|
|
|
Non-redeemable
Class
A
and
Class B
|
|
|
|
Diluted
net income per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allocation
of net income
|
|
$
|
1,267,146
|
|
|
$
|
458,702
|
|
|
$
|
316,343
|
|
|
$
|
283,214
|
|
|
$
|
2,675,097
|
|
|
$
|
968,373
|
|
|
$
|
206,566
|
|
|
$
|
350,169
|
|
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
and diluted weighted-average shares outstanding
|
|
|
23,000,000
|
|
|
|
8,325,900
|
|
|
|
8,846,154
|
|
|
|
7,919,746
|
|
|
|
23,000,000
|
|
|
|
8,325,900
|
|
|
|
4,600,000
|
|
|
|
7,797,900
|
|
|
|
Diluted
net income per ordinary share
|
|
$
|
0.06
|
|
|
$
|
0.06
|
|
|
$
|
0.04
|
|
|
$
|
0.04
|
|
|
$
|
0.12
|
|
|
$
|
0.12
|
|
|
$
|
0.04
|
|
|
$
|
0.04
|
|
|
|
|
| Schedule of Class A Ordinary Shares Subject to Possible Redemption |
|
|
Shares
|
|
|
Amount
|
|
Gross
proceeds
|
|
|
23,000,000
|
|
|
$
|
230,000,000
|
|
Less:
|
|
|
|
|
|
|
|
|
Proceeds
allocated to Public Rights
|
|
|
—
|
|
|
|
(3,404,000
|
)
|
Class A
ordinary shares issuance costs
|
|
|
—
|
|
|
|
(14,094,400
|
)
|
Plus:
|
|
|
|
|
|
|
|
|
Accretion
of carrying value to redemption value
|
|
|
—
|
|
|
|
23,131,965
|
|
Class A
ordinary shares subject to possible redemption, December 31, 2025
|
|
|
23,000,000
|
|
|
|
235,633,565
|
|
Plus:
|
|
|
|
|
|
|
|
|
Accretion
of carrying value to redemption value
|
|
|
—
|
|
|
|
2,041,625
|
|
Class A
ordinary shares subject to possible redemption, March 31, 2026
|
|
|
23,000,000
|
|
|
|
237,675,190
|
|
Plus:
|
|
|
|
|
|
|
|
|
Accretion
of carrying value to redemption value
|
|
|
—
|
|
|
|
2,101,551
|
|
Class A
ordinary shares subject to possible redemption, June 30, 2026
|
|
|
23,000,000
|
|
|
$
|
239,776,741
|
|
|